DOJ charges ‘Ponzi scam’ leaders

Doris Dumlao-Abadilla 10/31/2021

MANILA, Philippines — The Department of Justice (DOJ) has issued a resolution to slap criminal charges against Organico Agribusiness Ventures Corp. — tagged by the Securities and Exchange Commission (SEC) as a Ponzi scammer  — for illegal…

Nine complainants against Organico show up at CIDG-7 office

Alven Marie A. Timtim 11/15/2019

CEBU CITY, Philippines — Victims of Organico Agribusiness Ventures Corp.’s investment scam have started to show up at the office of the Criminal Investigation and Detection Group in Central Visayas (CIDG-7) to file their complaint against the…

CTO: Organico in Mandaue only registered for ‘admin office,’ investors urged to file complaints

Rosalie O. Abatayo 06/20/2019

MANDAUE CITY, Cebu —  The City Treasurer’s Office (CTO) in Mandaue is encouraging the investors of Organico Agriventures Corp. to report to their office if they had paid their investments at the firm’s Mandaue City office in…

Patay tells operators of ‘quick-rich’ investments scams: Cease your operations or face arrest

Delta Dyrecka Letigio 06/12/2019

CEBU CITY, Philippines — The campaign of the Criminal Investigation and Detection Group in Central Visayas (CIDG-7) against businesses engaged in “quick-rich” scams will not end with the raid of the Organico Agribusiness Ventures office in Cebu…

Security officer hopes to recover P36K Organico investment

Rosalie Abatayo 06/11/2019

MANDAUE CITY, Philippines—For two days now, John (not his real name) has been visiting the Organico Agribusiness Ventures Corp. office in Barangay Cambaro, Mandaue City hoping to talk to a management representative who will be able to…

CIDG-7 raids Organico regional office in Cebu City

Delta Dyrecka Letigio 06/11/2019

CEBU CITY, Philippines—The Criminal Investigation and Detection Group in Central Visayas (CIDG-7) confiscated documents and equipment from the Organico Agribusiness Venture regional branch in Barangay Kasambagan in Cebu City on Tuesday morning, June 11, 2019. According to…

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